SAP FICO Training in Vizag 

SAP FICO training in Vizag, we provide the best industry needs. Softenant Technologies provides the best SAP FICO training in Vizag covering all FICO modules. We also give 100% placement assistance to our students and mainly focuses on the needs of SAP FICO ERP community. 



SAP FICO stands for sap finance and controlling. SAP FI module covers all the accounting and financial needs of an organization. It provides customers for customized financial solutions. SAP CO covers planning, reporting and monitoring the operations of a business. By using this module decision making can be achieved. It includes both cost and revenue for an organization.


Eligibility for SAP FICO

  • Graduates having B.Com, M.Com, CA, ICWA, MBA
  • Freshers those who are having account background
  • Already working as Accountants.

SAP FICO Training in Vizag benefits

  • Real-time trainers
  • SAP FICO materials will be provided
  • Resume Preparation
  • Excellent Lab Facility
  • Flexible Timings
  • 100% Placement Assistance
  • Regular assignments will be provided.

SAP FICO training duration in Vizag

  • Regular classes (Morning & Evening – Duration: 60 Days)
  • Weekend Training Classes (Saturday & Sundays – Duration: 10 Weeks)
  • Fast Track Classes (Within 20 to 25 Days)
  • SAP FICO Online Training in Vizag

SAP FICO Training Trainer Profile

  • Having more than 10 years experience in FICO
  • Strong practical knowledge
  • Many interviews Organized

SAP FICO Syllabus

General Ledger Accounting

  • General Ledger Master
  • General Ledger Postings
  • General Ledger Parking and postings
  • Reversals
  • Automatic Clearing
  • Recurring Entries
  • Taxes
  • General Ledger Reports

Cash and Bank Accounting

  • Cash Journals
  • Cheque Management
  • House bank Masters
  • Bank Reconciliations

Accounts Payable

  • Vendor Master
  • Vendor Invoice Posting
  • Vendor Credit Memo
  • Vendor Down Payment
  • Vendor Down Payment Clearing
  • Vendor Outgoing payment
  • A partial payment against an invoice
  • Residual Payment
  • Automatic Payment Run
  • Withholding Tax (TDS)
  • Vendor Reports

Accounts Receivable

  • Customer Master
  • Customer Invoice Posting
  • Customer Credit Memo
  • Customer Down Payment
  • Customer Down Payment Clearing
  • Customer Incoming Payment
  • A partial payment against an invoice
  • Residual Payment

Customer Reports

  • Asset Accounting
  • Asset Master
  • Asset Procurement (Direct)
  • Asset Procurement (through MM)
  • Asset Retirements
  • Asset Scrapping
  • Depreciation Run
  • SAP FI Consultant Level
  • Define a Company
  • Define a Company Code
  • Assign Company Code to Company

Define Chart of Accounts

  • Assign Company Code to Chart of Accounts
  • Setup Account Groups and their Number Ranges
  • Assign Fiscal Year Variant to Company Code
  • Assign Posting Period Variant to Company Code
  • Document Number Ranges for the Company Code
  • Assign Field Status Variant to Company Code
  • Define Employee Tolerance
  • Define Retained Earnings Account

Document types

  • Posting Keys
  • Validation and substitution
  • General Ledger Account Introduction
  • Reconciliation Accounts
  • Expense and Revenue GL Accounts
  • Account Assignment Model
  • Setup tolerance for customers and vendors
  • Customer Account Groups
  • Create number ranges for customer accounts
  • Assign number ranges to customer groups

Customer Master Record

  • Create Vendor Groups
  • Create number ranges for vendor accounts
  • Assign number ranges to vendor groups.
  • Create Vendor Master
  • Create underpayment account and Overpayment accounts
  • Create a cash discount account
  • Payment within tolerance (incoming)
  • Payment within tolerance (outgoing)
  • Configure Automatic Payment Program
  • Financial Statement Version
  • Cash Journals
  • House Bank Configuration
  • Check Management
  • Manual Bank Reconciliation
  • Asset Masters
  • Asset Number Ranges
  • Depreciation Areas
  • Asset General Ledger Account Determination
  • Depreciation Keys
  • NEW GL and Document Splitting concepts

SAP CO Training Syllabus

We provide end-user level and consultant level training in SAP CO module to equip you to the level you wish to attain. The following sub-modules are covered in SAP Finance Controlling:

Controlling Area

  • Maintain Controlling Area
  • Assignment of Controlling Area
  • Activate Components/Control Indicators
  • Number Range
  • Maintain Versions
  • Master Records
  • Cost Element
  • Cost Center
  • Profit Center
  • Cost Element
  • Primary Cost Elements (Manual)
  • Secondary Cost Elements (Manual)
  • Automatic Creation of Primary and Secondary Elements

Cost Center Accounting

  • Define Standard Hierarchy
  • Create Cost Center
  • Create Cost Center Group
  • Transaction-Based posting
  • Number assignment for CO documents
  • Account assignment logic
  • Automatic and default account assignment
  • Transaction-based posting in CO
  • Profit Center Accounting
  • Define Standard Hierarchy
  • Create a Profit Center
  • Create Profit Center Group
  • Define Dummy Profit Center
  • Repost CO Line Items (Using FI Document)
  • Statistical Key Figures



What is SAP FICO?

SAP FICO module is used to report the company both internally and externally. Its main purpose is to record all financial transactions to produce financial statements. FICO  stands for Financial Accounting and Controlling. It will integrate with other modules like SAP SD, MM, SCM, PP, etc.,


What is General Ledger?

It provides a complete report for both internal and external accounting like journals, Balance sheet, debits, and credits and for recording all business transactions.


What is Account Payable?

It records and manages all accounting data related to business vendors.


What is Account Receivable?

It records and manages all accounting data related to Customers.


What is Asset Accounting?

It is used to manage your company’s assets. It allows to categorize assets and for set values to depreciation.


What is Travel Management?

It allows to manage all travel activities and to handle travel related expenses.


What is Chart of Accounts?

It provides a framework for the recording of all values and it is used for both financial accounting and cost accounting.


What is the Cost Center?

It is a controlling area for functional requirements, physical location, responsibility for costs, etc.,


What is a special purpose ledger?

It is a special ledger that provides the ability to produce balance sheets based on fund accounting.  The special purpose ledger shares the same General Ledger account as FI. The main difference between the general ledger and special purpose ledger is SPL break the transaction down even further.


What is Master Data?

Master Data allows storing information on a long-term basis in SAP. It can be further incorporated into individual transactions. Once the data entered in the Master Data can be modified as needed.


SAP question and answers